European Digital Identity

[Jerry1911]

Have you guys seen this? European Digital Identity

The European Digital Identity can be used for any number of cases, for example:

• public services such as requesting birth certificates, medical certificates, reporting a change of address
• opening a bank account
• filing tax returns
• applying for a university, at home or in another Member State
• storing a medical prescription that can be used anywhere in Europe
• proving your age
• renting a car using a digital driving license
• checking in to a hotel

"In 2021, the European Commission proposed a legal framework establishing a European Digital Identity (“EDI”). The EDI will be available to all businesses, residents, and citizens of the EU. Such legal and natural persons will be able to quickly prove their identity and share electronic documents from their EDI wallets. This can be done simply by clicking on a button on their mobile phone. Companies will be able to use the EDI to verify the age of their customers.

The proposal for the EDI invites the EU countries to create a common EDI-related toolbox by September 2022 and start preparing for the implementation of a new EDI regulation as soon as possible. The toolbox needs to include standards, technical infrastructure, and best practice guidelines. The EDI proposal aims to address the current legislative gap pertaining to the lack of laws requiring the EU countries to create national IDs that are interoperable with the national IDs of the other EU countries."

Quote is from nomoretax.eu, I am not affiliated with them.

It's over. EU is turning into a totalitarian nighmare.

 

[Risehigh]

Spooky s**t. @Martin Everson will feel confirmed

 

[boomy]

Jerry1911 said:
It's over. EU is turning into a totalitarian nighmare.
Click to expand...

as predicted a few times here already.

They won't rest before the last man is registered in the EU on that device.

 

[CyprusLawyer101]

Blockchain will counterbalance these attempts

 

[boomy]

CyprusLawyer101 said:
Blockchain will counterbalance these attempts
Click to expand...

how do you think it will do that ?

 

[Martin Everson]

Sadly so many EU residents will welcome it with open arms. They will welcome the convenience while not giving any concern that this will be purely a EU citizen tracking apparatus. It will no doubt be used to access the internet and post on public forums, confirm your over 18 when visiting P**N sites etc etc. It's use will NOT be limited....lol.

Kiss goodbye to your privacy. Good luck folks.

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"The European Digital Identity will be available to EU citizens, residents, and businesses who want to identify themselves or provide confirmation of certain personal information. It can be used for both online and offline public and private services across the EU."

Toggle signature
Please note my posts should not be taken as financial or tax advice. Please seek professional advice in that respect.

 

[marioIT]

Things are going to be fun when people will be forced to linking it to their digital euro wallets...
one day you woke up: -6000€ (hate speech fine for those mean tweets) 😵

 

[KDX]

Martin Everson said:
Sadly so many EU residents will welcome it with open arms. They will welcome the convenience while not giving any concern that this will be purely a EU citizen tracking apparatus. It will no doubt be used to access the internet and post on public forums, confirm your over 18 when visiting P**N sites etc etc. It's use will NOT be limited....lol.

Kiss goodbye to your privacy. Good luck folks.

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"The European Digital Identity will be available to EU citizens, residents, and businesses who want to identify themselves or provide confirmation of certain personal information. It can be used for both online and offline public and private services across the EU."
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It's always like that. First it seems innocent and all, and then it slowly creeps in and grabs onto more power... This is why we should resist at the first sign of trouble, not just when it gets out of hand which at that point, it'll be too late.

 

[RealDude]

Are China or Russia better in this case?

 

[Jerry1911]

RealDude said:
Are China or Russia better in this case?
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Doubt it. At least in case of China. Africa, Asian and Latin American 3rd world countries are the way to go.

 

[RealDude]

Jerry1911 said:
Doubt it. At least in case of China. Africa, Asian and Latin American 3rd world countries are the way to go.
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1st world citizens want to move to 3rd world countries.
3rd world citizens want to move to 1st world countries.
New World Order 😉

 

[Marzio]

Jerry1911 said:
Asian and Latin American 3rd world countries are the way to go.
Click to expand...

I would also add UK, Switzerland, Gibraltar, Andorra and S. Marino.

 

[Jerry1911]

marzio said:
I would also add UK, Switzerland, Gibraltar, Andorra and S. Marino.
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Not an option for me as all of them have severly restricted personal freedoms during Covid.

They are good options as long as that doesn't bother you.

 

[Marzio]

Jerry1911 said:
all of them have severly restricted personal freedoms during Covid.
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True but afaik nearly all countries at some point heavily restricted personal freedom.

 

[Jerry1911]

marzio said:
True but afaik nearly all countries at some point heavily restricted personal freedom.
Click to expand...

That's true to an extent, however it really differed from country to country. What I'm mostly looking at is population compliance.

For me, it's Bosnia and Herzegovina. Nobody there gave a s**t about Covid, no one wore masks and there's no such thing as a digital vax certificate. Taxes are low, prices are cheap and the Croatian coast is nearby thu&¤#

 

[elcontestador]

Jerry1911 said:
That's true to an extent, however it really differed from country to country. What I'm mostly looking at is population compliance.

For me, it's Bosnia and Herzegovina. Nobody there gave a s**t about Covid, no one wore masks and there's no such thing as a digital vax certificate. Taxes are low, prices are cheap and the Croatian coast is nearby thu&¤#
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How's the population compliance been in Latin America? I heard in Uruguay people were very compliant. Brazilian I know is a COVID sheep all the way through. Latin America seems to be very supportive of left-wing authoritarianism, unfortunately.

 

[Jerry1911]

Mexico and Costa Rica were open all the time. And Paraguay and Columbia were fine too I think.

 

[fanban]

RealDude said:
1st world citizens want to move to 3rd world countries.
3rd world citizens want to move to 1st world countries.
New World Order 😉
Click to expand...

sad to say so, but I believe you are right.

 

[zzzzzz]

Jerry1911 said:
That's true to an extent, however it really differed from country to country. What I'm mostly looking at is population compliance.

For me, it's Bosnia and Herzegovina. Nobody there gave a s**t about Covid, no one wore masks and there's no such thing as a digital vax certificate. Taxes are low, prices are cheap and the Croatian coast is nearby thu&¤#
Click to expand...

Are you resident in FBiH or RS? Since BiH did not sign CRS yet, how is with taxation and reporting of foreign capital gains if you have personal brokerage account abroad? I was reading years ago something about 10% tax and 0% for dividends.

 

[Jerry1911]

zzzzzz said:
Are you resident in FBiH or RS? Since BiH did not sign CRS yet, how is with taxation and reporting of foreign capital gains if you have personal brokerage account abroad? I was reading years ago something about 10% tax and 0% for dividends.
Click to expand...

I am not but I am planning to move to FBiH by 2023. Corporate tax is 10%, just like personal income tax, dividends included AFAIK.